What are the best HR certifications for someone who holds a 2-year MBA degree from XLRI and has 4-5 years of experience in HR?

Since you already have 4-5 years of experience after pursuing your MBA, you will not require any HR certification. You can pursue the following courses and certifications for your own satisfaction. Focus on one project and program which will be beneficial for you in the future.

1. You can try for certifications from SHRM, CIPD, DTD, ISTD, and ASTD (American Society of Training and Development).
2. There is a Mercer Consultancy, a Japanese firm that runs various certification programs for HR professionals like HRIS and Compensation. You can have a look at them.
3. GE also organizes project programs for its employees. It is also available for outsiders so you can have a look into them.
4. You can also try OD consulting programs conducted by some firms.
5. Try certification programs from XLRI and TVLRS learning systems.
6. There are some short-term programs conducted by CCL (Centre for creative leadership), Aberdeen institute, etc. You can also check them.

You may explore the coaching, leadership development, executive development programs, and business counseling conducted by various organizations.